After an historic run-up in the price of lumber that began at the start of the pandemic, futures finally came crashing down after peaking in the spring. Lumber futures appeared to stabilize near pre-pandemic levels in August, bringing joy to builders happy to see some normalcy in a volatile market over the last year. However, the price of lumber has been trending higher again, rising as much as 40% since late August and may be preparing for another run-up amid significant supply disruptions. Demand for the material is only forecast to rise over the next few years as sawmills continue to curtail their production over the last few months. $WOOD, $WY, $PCH, $CTT, $RYN Read More: mcalindenresearchpartners.c...
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